Inflation Targeting, Credibility, and Non-Linear Taylor Rules
In this paper we systematically evaluate how central banks respond to deviations from the inflation target. We present a stylized New Keynesian model in which agents' inflation expectations are sensitive to deviations from the inflation target. To (re-)establish credibility, monetary policy und...
Gorde:
Argitaratua izan da: | MAGKS - Joint Discussion Paper Series in Economics (Band 35-2012) |
---|---|
Egile Nagusiak: | , |
Formatua: | Arbeit |
Hizkuntza: | ingelesa |
Argitaratua: |
Philipps-Universität Marburg
2012
|
Gaiak: | |
Sarrera elektronikoa: | PDF testu osoa |
Etiketak: |
Etiketa erantsi
Etiketarik gabe, Izan zaitez lehena erregistro honi etiketa jartzen!
|
No references were found for this record.